Tuesday, March 20, 2012

Cruising the Web

Douglas Holtz-Eakin and Vernon Smith have an excellent review of the "flawed economic foundations" of Obamacare. As they point out, the individual mandate isn't about addressing the costs of health care for those without coverage. What the mandate is about is getting money to fund more health care spending for other people. Young people who have made a decision to go without insurance will have to buy insurance in order to get their money into the system to pay for other people's health care. And then there are the problems of the federal government coercing states into participating in Medicaid. It's all about the coercion.

Suddenly, the Democrats can't give a hoot about bipartisanship when it comes to passing a bill to get the economy growing again. Or perhaps it's not so sudden after all.

Obamacare was passed just two years ago and a lot of its requirements have not yet gone into effect yet the CBO cost estimate has just about doubled.
To recap, the CBO now predicts that Obamacare: 1) will force millions more Americans out of their current employer coverage than originally advertised; 2) will force millions more Americans onto Medicaid than originally advertised; 3) will force millions more Americans to pay fines for not obtaining health care; 4) will force businesses to pay billions more in mandate fines; and 5) will leave millions more Americans without insurance than originally advertised.

Michael Barone corrects Michael Kinsley's false history of the 1988 election campaign.

The White House has dropped its claims that Obamacare is a benefit to the economy. Poof! That common argument used two years ago has now gone away.

Remembering five excellent moments
of Brian Lamb's C-Span career. And David Brooks explains why Brian Lamb has been the best interviewer out there. And the reason is simple: he realized that he wasn't the star, the interviewee is.

Tapping the Strategic Petroleum Reserve is more difficult
than it used to be.

Obama is still lying about his mother's death and her health insurance.

Insurers at looking at the nightmare scenario
if the Supreme Court knocks out the mandate but leaves in place the other requirements that people can get insurance at any time so they could wait until they were sick to buy the insurance.

Santorum blames states for their complicated ballot access rules since his campaign wasn't competent or large enough to fulfill the requirements that other campaigns have fulfilled for years. His whining is not an attractive quality and just calls attention to his lack of preparedness. Running a campaign on a shoestring can be an admirable, quixotic gesture, but does not represent what the eventual nominee of the party will need to be able to do.